24.2.11

West Africa's Central Bank Governor Promotes Single Currency


(VOA News: Economy ) The Interim governor of the central bank for eight West African nations says Africa needs a single currency to realize its enormous economic potential. Central bank leaders from throughout Africa met in Senegal to discuss ideas about how they better integrate economies across this landmass, which is home to more countries than any other continent.  But if African leaders want to truly blur borders and blend economies, West African Central Bank Governor Jean-Baptiste Compaore told his colleagues the continent needs to share more than ideas. He said it needs to have a single currency, a banknote for all of Africa. Read full story >>>